About this Show

Cavuto on Business

News/Business. Neil Cavuto and market analysts discuss financial issues and forecasts. (CC)

NETWORK

DURATION
00:30:00

RATING

SCANNED IN
San Francisco, CA, USA

SOURCE
Comcast Cable

TUNER
Virtual Ch. 130 (Fox Business)

VIDEO CODEC
mpeg2video

AUDIO CODEC
ac3

PIXEL WIDTH
704

PIXEL HEIGHT
480

TOPIC FREQUENCY

Us 8, Washington 7, Citi 4, Michigan 4, Charlie 4, John Boehner 3, America 3, Dagen 3, Garth 2, South Carolina 2, Neil Cavuto 2, Ben Stein 2, Ho 2, Dving 1, Ku 1, Boy 1, Proteion 1, Nati Nation 1, Charlie Payne 1, Charlie Gaerino Barack Obama 1,
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  FOX Business    Cavuto on Business    News/Business. Neil Cavuto and market  
   analysts discuss financial issues and forecasts. (CC)  

    December 9, 2012
    8:30 - 9:00am EST  

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like them 30% up and no coal involved. >> brenda: jonas, what do you think. >>ad for the stock. and samsung, i feel like i put good money out after bad. >> and up to the hand. >> and theodd bull or bear. >> a bear, gaining market share. >> brenda: and you google best business anchor guess what you get? neil cavuto and he's up next. . >> no guts, no glory, are we surprised, no deal? so far, not a december to remember, and not with these cast of characters this december, a far cry from these cast of characters, 40 years ago, this december. the month and year man walked his last steps on the moon. it's weird.
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four decades ago it seemed like nothing we cldn't do and today looking at the fiscal charade in washington, nothing we can do. >> welcome, i'm neil cavuto and 40 years after man left the lunar surface, politicians barely scratching the surface. >> 20 years after the astrouts made the impossible, possible. finger pointing spend thrifts who make the possible, impossible. how did we go from reaching for the stars to reaching to the othe guy's throats. the astronauts who went to the moon and here for yourlf, a jaw dropping special, it's a rare tv first in which we were granted unprecedented access to never befor seen footage and exclusive interviews with the men who g us there. i don't want to give away the entire special, i do want to
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give you this little tidbit from it. that i think speaks volumes today. heroes who didn't see themselves as heroes at all. >> you're not thinking about what goes wrong, worry is a wasted emotion, it clouds clear thinking that is absolutely needed when something goes wrong. >> people say, boy, you've got a lot of guts, i didn't have juts, i knew what i was doing, i didn't go to the moon and-- >> he came back. did you hear the important part, he didn't have guts, not for himself, but for his country. not personal glory, but for his country. sounds like anyone watching right now. a democrat or republican? i don't think so. and charlie payne, dagen mcdonnm mcdowell and gacharlie gasperino
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and ben stein. >> we've come a long, long way and it'sinteresting, because we look at these men as heroes. and no one in washington deserves any sort of hero worship unless you talk about the small business owners who gutted it out and the ladies and men who get on the subway trainat 4 or five o'clock in the morning to clean up the offices so the lobbyists and legislators, anyone in d.c. is misguided. i know some people get it, why, i don't know. i long for the america that you just talked about. >> and what's interesting there and putting it together and the difference in the periods here, anything was possible, we didn't know the meaning of the word kment. we found aay to the impossible, it was in our vernacular and way of thinking. >> the irony is today, in today's washington if somebody came up with a crazy idea trying to go to the moonf
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we'd never been there before. people would laugh it off cause people don't dream big and don'dream at all instead. worried about their own shelves and not for sake of country, but only for the sake of reelected. two years or six years out or four years, it's shameful and the fact that they procrastina like no woman i've even ever met in my entire life is just despicab despicable? >> well, you spend time with great americans. >> here i am with you. >> yes, and i spent time with great americans every now and then and people that came back from afghanistan and iraq, and you know these kids and you're blown away, they're looking for jobs and i'm trying to help aouple of them. and i wouldn't say that washington is totally devoid of people that we n respect. there's a guy who came from a broken family, went to good schools, became president. i mean, i don't agree with
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him. >> that's the first nice thing you said about baracobama. >> i don't agree with him, i don't like his policies, don't like the directions. >> and the season bringing up. stop it, the guy came from nothing ands' president. >> how many times have i told you at, hear the love. >> i don't, i don't hate him. i hate his policies, but i will say this, you know, this is a guy who's comtted to that agenda. he believes in it. >> and you might even consider instead, charlie, saying that you dislike his policies rather than hating-- >> i hate hisis policies. >> what's the point. >> and, but charlie has de-- >> and great human being, although with politics-- neil, without doing any additional finger pointing, we ought to acknoed the effect what you're doing with the special and interviewing american heroes is ao praising public servants, people whose jobs and careers is to serve us, is to work for us, and charles, for example-- >> that's not what i said. >> and i heard you, you said
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public service. >> and many of these people are public servants and working for the united states govement and celebrate that >> did you got that out of my special then i hope you don't watch it. >> ben stein, all kidding aside, i just wonder, say what you will about what happened to our space program we used to own it and hitch a ride with the russians to still be a part of it. we're trapped in our own debt and that seems to limit our options and even our thinking about how we get out of messes. >> it was a heart breaking situation, and by the way, to go back to real life for a second, i g to the army medical center, we used tbe called walter reed and now down in bethesda and quite often seeing amazing heroes with their limbs blown off and making a life with themselves and their families and plenty of heroes,nd teachers and so forth, and you're rig out of washington we've allowed our
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government to create a lead weight of debt that brings us down, down, down, instead o great things and turned over the rush shins and chinese and surrendered our enormous lead in the space program because of other indebtedness. it's heart breakinghat this whole enormous adventure of outerpace has now passed from the united states to other countries. it's just a heartache. >> do you think, charles payne, that we could have done what we did in the states and even initiated a race, if we had the debt, if we do now back then? >> 16 trillion? i, you know, it would have been a lot tougher to push it through. i do want to get back to what adam was saying. there's big difference between being a public servant to your constituents to america, and being this servant to an agenda or an ideology. i applaud like charlie gaerino barack obama's suess, john boehner's success, came in humble beginnings, but neither one of us are doing us a favor. neither one of them are
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deserving of hero worship in a country falling apart. >> i didn't think we should be hero worshipping the president, what i said he's an admirable man that did great things. >> se, absolutely. >> in this country. i don't agree with his agenda. >> you argue that we haven't lost, to dagen's point we have it in us, but we haven't shown it? >> the lawmakers in washington don't, they're a bunch of gutless weasels who don't-- >> that language there. >> furthermore it's not productive language. >> well, they're not productive, and cticizing me for calling them gutless when that's exactly what they are. >> i'm trying to draw a distinction between-- >> come on. the gutless weasels on the one hand and not doing a good enough job on the other hand, let's cheer them on anday we honor your service, no do a better job. >> yeah i got cheered when i didn't unload the dishwasher when i was a kid instead sent to the corner and sit there
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for the night. >> did anybody wanant to be an astronaut. >> sure. >> and john boehner is a gutless weasel? >> and gasperino, did you ever want to be an astronaut? >> no. >> many wanted you to. >> i wanted to be a cop. >> i wanted to and at cape that-- >> do you think that gutlessness and the notion that they don't have any, you know our politicians, are they gutless or just working within asystem-- >> no, they're gutless. >> designed to imperfect. >> i think a good number of meare gutless and they just, they-- >> and what does john boehner get out of this. >> an opportunity to serve his country and that's my point. >> a lot of money? >> not making a lot. >> bottom line, bottom line, we've come a long way from what we have now, needless squabbling.
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>> human beings have always squabbled, not having a civil war, not having the ku klux klan, in many ways it hurts me to hear one of our panel say the country is falling apart. a lot of us do not see a country falling apart, see a country with a lot of goodwill and wonderful people. >> i'm not taking that away i'm talking to washington. and the civil period, i don't know if that's the civil war or- >> i'm kidding. goodoints all, everybody. do you remember this? ♪ that was then. this is now. >> thi isn't which is wishes it's michigan and unions are seething, as the state is on the vee of becoming the 24th right to work state in the nation. should taxpayers across the nati nation-- with the spark cash card from capital one,
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or double miles on every purchase, every day! [girls laugh, bell rings] - whatever. - he asked me right before school started. - no way! - hi. - hi. - ♪ shine, come on and let it shine ♪ ♪ light me up-- - hi. i'm jamie colby, back to cavuto on f business, only on the fox news channel. >> what's the deal with the guy wearing sunglasses and saying nothing? >> and all over again in michigan, protesting the rig to work bill. the scene almost identical to wisconsin last year and that state battle over clective
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bargaining and then, what's going on? >> and i think it's always tough for unions to admit they've lost allure. i'm a union man and i know charlie is very fond of unions. we love unions, but we want people to have the right to choose whether or not they belong to a union. a clothes shop where they have to ha the union and i don't think that's freed, if you nt to join the union by all means, but to make it mandatory, that seems a bit harsh. >> neil: buthe unions are spinning it the other way in michigan, charles, what do y make of that? >> and ben makes the great point. the unions feel like their back has been against the walls and have for a number of years. in michigan, this is the way we can be competitive. listen, everyone talks about the great comeback in detro inheuto sector, that's a mirage. micgan's in trouble, detroit is in trouble and this is how they compete on the national scale, ultimately, a global cale. >> neil: dagen?
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>> very significant that this is happening and by the way, this is just the right to not have to pay union dues if you don't want to belong to a union first and foremost. >> neil: and you got that. >> very significant that it's happening in th birthplace of the u.a.w. it could spread across the midwest if this gains momentum and if you look back. >> by the way those are not sunglasses. >> i'm sorry. >> and what is hedoing? >> and i think he's a union buster. >> he's not nothing, not shouting. >> not him. >> and exactly. >> but if you look back on the last decade at right to work states, you hav faster economic growth, faste payroll growth,ou have faster population growth. it works for those states. >> and dagen, it's no fantasy, in nevada a right to work state, they have extremely high unemployment for rsons nothing to do with-- because of housing. it may or may not help and look, this is a public policy issue, do you want to support that unions will exist or not because--
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in las vegas, by the way, organized, las vegaat the heart. >> the casinos. >> that's a big part of it. >> so, it's not a good example. laughter) what about south carolina, what's the unemployment rate in south carolina? it's very high and that's a right to work state. >> neil: so your point, like your liberal colleague is that unions he had a point. >> well, i would say this, i don't think it'soing to spread across the country. >> oh i think it will, i think it will. >> i think that michig has a specific-- >> the unions are pouncing off what happened in november and ruining with it. >> let's see. but there's a specific example here, which is the fact that michigan is doing very badly and i would say this,he problem that unions have. my dad was in a trade that you could get hurt and die if you don't have certain-- >> he was a construction worker and went up, many stories. he fell a bunch of times, got hurt. ancoal miners, we're talking about unionizing people at wal-mart and that's where
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they've gone to work and-- >> andcdonald's. >> you might cut your finger. >> how about a journalist union, oh, a paper cut. >> and it's not the only reason why workers need protection from the employers. >> do you think that wal-mart needs proteion? they don't-- >> and my problem with this, they got this president reelected and got out the vote and say what you will of the declining influence, they did influence the outcome of this election and i think that they're certainly trying to leverage off of tt since the election. >> well, they-- that was one of many, many, many factors. >> absolutely. >> and after the election and the fact is, as we all agree, the private sector union is a dying animal and that they only can survive if they can thoroughly control the public sector and this is just another example of their ow, painful death. >> on that upbeat note. i want you to look at this. the parent company of red
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lobster, filing a fight for e president's health care law, not becse of the actual law, becauset criticized the law. the gang from forbes is going to explain the top of the hour, up next, did any of you see this? oh!oh! >> apparently theseuys just found o that they could get fine for eating while dving. ♪
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>> >> driving and eating, hey, the a city in south dakota fine people eating behin the wheel. >>charles, you say it has to go? >> pretty soon we'll be fined for driving while driving. and it's a way to get money, ridiculous. >> neil: this is one town that won't see cavuto passing through soon. thank you. ben, what do you think of it? >> cooking while driving. (laughter) and i thin setting the table while driving. but eating potato chips, pop corner, peanuts? that's illegal? that's insane. >> neil: i was trying to reason this out, dagen, because just seemed like-- you can't use your cell phone in a lot of states now because it's huge distracting. >> and texting. >> so, maybe that's the next step.
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>> i don't have a problem with this, actually, if they need to raise money-- >> get skinny. >> and you show up and you don't have-- >> and fat people have a problem with it. >> and you don't have potato chip crumbsn your lap, ben, when you arrive to see who you're seeing and don't have a sticky steering wheel, i'm done. >> neil: i'm not going to touch that >> the sticky steering wheel? >> gasperino? (laughter) >> a sticky steering wheel? >> i don't know, i don't know. >> and i'll just say this, by the way, we have-- >> my non-sticky steering wheel. listen, if you take ofoff your eye off the road for a period time you get pulled over, who cares why you're doing it. >> we can joke around, a joke about this, but getting distracted while driving is a serious problem and kills people. ben, by the way, i know this isn't a concern for you because in the back seat you are allowed to continue eating. >> i don't always have a
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driver. (laughter) >> always, that's how it is, the view is from the back seat. >> neil: by the way my thanks to charlie and dagen, very, very much. up next, we already told you about o fox news special "fly me to the moon" to commemorate the anniversary of the last man on the moon and now the gang is blasting off with their own mey mission, out of the world stocks. out of the world stocks. any other way t t t t t [ male announcer ] this is the age of knowing what you're made of. why let erectile dysfunction get in your way? talk to your doctor about viagra. ask if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing, upset stomach, and abnormal vision. to avoid long-term injury, seek immediate medical help for an erection lasting more than four hours.
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>> well, we thought our chances were 10 percent. >> apollo 13 commander thinking one out of 10 chances of surviving that. isn't that out of this world? >> and you know what else is stock picks from our shooting stars. none of them heroes, t they are all good friends. >> the space program, for america. liquiify national gas is huge . the company will do extraordinary well because of it cheniere. >> i agree with you about natural gas in geral. but i rather have companies that are making money >> what is making money. >> i think boring is it better. >> hey, i built a crire on it. >> it is it a three percent dividend yield as walgreen is, it is a good idea. >> ben?